Home Tech & Gadgets The important message of the founder of Twitter: what Jack Dorsey regrets,...

The important message of the founder of Twitter: what Jack Dorsey regrets, why the internet is no longer what it used to be

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Twitter founder Jack Dorsey would like to know that he also misses the early days of the Internet, when protocols like IRC made the web seem like a place with unlimited possibilities. He also knows that he is partly to blame for the current state of affairs.

“The days of Usenet, IRC, the web – even e-mail (with PGP) – have been amazing,” Dorsey said in a recent statement. tweet. “The centralization of discovery and identity in corporations has really affected the Internet. I realize I’m partly to blame and I regret it. “

Dorsey’s tweet is a remarkable recognition of a billionaire technology director who created a platform that centralized the way we consume news. Twitter may not be as great as Facebook and TikTok, but the effect it has had on the information economy is undeniable. Many of us turn to Twitter when we want to follow events in real time.

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This is not the first time Dorsey has complained about the current state of the Internet. In December, he revealed how Web3 had already been co-opted by investors. “You don’t own Web3,” he said at the time. “VCs and their LPs do. He will never get rid of their incentives. “

He criticized her until he invested in her: how much money Elon Musk put into the Twitter platform

Elon Musk took over 9% of the shares of Twitter, a package worth 2.89 billion dollars. As a result of this investment, Twitter shares rose by more than 25%.

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As a result, the general manager of the American electric car manufacturer Tesla has become the largest external shareholder of Twitter, according to CNBC. However, Musk recently announced plans to set up a new social media platform.

Thus, Musk owns 73,486,938 shares of Twitter, which is a 9.2% passive package of the company, according to a 13G file of the Securities and Exchange Commission, published on Monday. The stake is worth $ 2.89 billion, based on the closing price of Twitter on Friday.

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